Hewlett-Packard Inc. reported Q4 2015 and full year financial results, with full year net profit at $4.6 billion, down 8% YoY from $5.0 billion. Turnover was down 7% at $103.4 billion, compared to $111.5 billion. For Q4, net profit was flat at $1.3 billion, whereas turnover declined 9% YoY to $25.7 billion from $28.4 billion. A stronger US dollar, combined with weak ink sales due to lower enterprise printer sales were primarily responsible for the financial performance. (This is the last set of results from the combined HP Inc & HP Enterprise – Man. Ed.)
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